Frictional unemployment is: unemployment that is due to the friction of competing ideological systems. unemployment caused by automation in the workplace. unemployment that occurs as workers move between jobs. unemployment caused by lack of training and education.
Q: Use NPV and ERR analyses to determine which of the following two mutually exclusi projects is the be...
A: ANSWER Note: Let us get theory right and go to the math part. The problem is a classic example of ...
Q: Regarding the conditions for the maximization of the total surplus, choose the correct words below. ...
A: The total area of consumer surplus and the total area of producer surplus in an economy is being kno...
Q: Ana, Emma, and Greta are deciding what to do on a weekend getaway. They each suggest a first choice ...
A: Given: 1st Choice 2nd Choice 3rd Choice Ana Beach Mountain Biking Canoeing Emma ...
Q: A consumer's preferences over gambles is represented by the expected utility function U (W,, W2, 1 –...
A: utility function is an important concept that measures preferences over a set of goods and services....
Q: Suppose that a firm's marginal abatement cost function with existing technologies is MAC = 16 - 2E....
A: A abatement cost is an expense borne by firms when they are expected to eliminate as well as diminis...
Q: How are you influenced by the media as a consumer and content-maker? You may base your examples on y...
A: When a particular product is manufactured, cost takes place for producing that particular good and ...
Q: 2) What is the difference between the long-run aggregate supply and the short-run aggregate supply c...
A: Answer: Aggregate supply refers to the total output produced by the firms in an economy. Short-run a...
Q: TABLE 2.2 Present-Worth Analysis (cost/ft) Based on 80-yr Life and 10% Simple Interest Assumed Initi...
A: Given:
Q: How do we calculate the inflation rate and what is its relationship with the CPI? The inflation rate...
A: Inflation can be defined as a continuous increase in the price of commodities. Now if we consider th...
Q: Suppose that, in a competitive market without government regulations, the equilibrium price of donut...
A: Price control is of two types, i.e., price ceiling and price floor. A price ceiling is a maximum pri...
Q: The demand and supply functions of two related goods are given by Qd1 = 300 – 50P1 + 20P2 Qs1 = -200...
A:
Q: How can the outsourcing of jobs cause production possibilities to expand
A: A production possibility frontier (PPF) shows the maximum possible output combinations of goods or s...
Q: n Game 1 below, the US and Iran are bargaining over the state of Iran’s nuclear program. The US must...
A: Players : { US, Iran} Strategy US= { PC BD, PC AS, PS BD, PS AS} Strategy Iran= {AC BD, NE BD, AC RE...
Q: a. The Covid-19 pandemic has signifigantly effect the economy around the world and the suitable poli...
A: Aggregate Demand and Supply The total quantity of demand for goods and services created in the entir...
Q: Sales projections -10 million Allocated to advertisement-2% This approach is... Affordable budgeting...
A: Advertising budget is the portion of a total marketing budget that a company allocates for advertisi...
Q: A firm will make the following disbursements: Php 150,000.00 on December 31, 1991, Php 200,000.00 on...
A: sinking funds is a fund for which money is set aside to pay of huge amount of debt in future, these...
Q: Figure 5 Supply and demand curves for a normal good Figure 5 shows a supply (S,) and demand curve (D...
A: The Aggregate Demand curve shows the total quantity of all the goods and services demanded by the ec...
Q: The four statements below describe properties of a firm's short run cost curves. Complete the statem...
A: Average cost is the sum of average fixed cost an average variable cost. It is a U-shaped curve.
Q: 4. Under imperfect competition with with and horizontaly differentiated products, the firm units fro...
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any sp...
Q: Identify the current account balance, financial account balance, and reserve balance? (a) An Ameri...
A: "Since you have asked a question with multiple sub-parts, we will solve the first three sub-parts fo...
Q: Cooking is a human act but I routinely cook at 6PM everyday so in the brief moment, cooking becomes ...
A: "The food movement, with its emphasis on how enjoyable, fulfilling, and morally correct cooking is, ...
Q: Travel Time Each Way Price of a Dress Store (Minutes) (Dollars per dress) Local Department Store 15 ...
A: The opportunity cost is the next best-forgone alternative. It is the loss of the cost of an activity...
Q: 1. Outline the main determinants of the demand for money.
A: In an economy, demand for money refers to the requirement of money to households and businesses for ...
Q: Economics 1. Describe the most suitable seating arrangement that a company should provide to partici...
A: There are different seating arrangements that can be provided in order to get the appropriate result...
Q: If we found that one manufacturer of televisions constantly was the first to announce any change in ...
A: It is an example of price leadership. because Price leadership describes a situation in which a domi...
Q: A recent article in a business journal reported that the mean annual salary for graduates from 30 to...
A: In this question we have to find out the minimum sample size that would yield such an interval with ...
Q: 5. Calculating tax incidence Suppose that the U.S. government decides to charge cola consumers a tax...
A: Important Considerations- There are various ways in which taxes are apportioned among purchasers and...
Q: Common resources are goods that are and Select the correct answer below: non-excludable; rivalrous e...
A: Answer is given below
Q: Scott deposited $1,000 at the end of every month into an RRSP for 8 years. The interest rate earned ...
A: This is the case of ordinary annuity for 8years but we need to calculate for first 4year and then fo...
Q: In recent years the press and the manufacturing industry have been constantly writing about a suppos...
A: GIVEN Preface: The following information applies to the years 2011 through 2015
Q: Four hundred driver's license applicants were randomly selected and asked whether they passed their ...
A:
Q: A mining property is offered for sale for P5.7 M. On the basis of estimated production, an annual re...
A: A mining property for sale = 5.7M or 5,700,000 Annual return = P800,000
Q: Figure 8 shows a price-taker firm with demand curve, D, a short run cost curve, AC, and marginal cos...
A: A perfectly competitive firm is a price taker. It means the price is determined by the market forces...
Q: how can we think the trade-off for the ole of service standardisation on market segmentation (i.e. h...
A: There will almost always be trade-offs when making a decision. Trade-offs can be defined as a compro...
Q: Consider a product market with three consumers X, Y and Z with demand function QX = 6 – PX, QY = 3 –...
A:
Q: Year GPP Incomedflst Tale Incame &f Ind Terale Inom edt 3rd Terat 1950 a tilap,4Trillion 10.6 Trilli...
A: Here, the given table provides information about the GDP in 1950 and 2020 on quintile basis.
Q: To make sensible judgments about economic policy, we must: Select the correct answer below: O demoni...
A: Economic policy refers to policy that addresses that problems of the economy itself.
Q: Joanne B. Ciulla: Exploitation of Need The myth of free choice in employment? Why it is a moral prob...
A: ▪︎The myth of free choice in employment =》To earn enough to pay the rent, it might appears to be tha...
Q: Briefly explain how the supply curve for tanker truck drivers has shifted in April 2021 and What imp...
A: Lack of Truck Drivers: Due to the pandemic in 2020 and subsequently, in 2021, many truck drivers mig...
Q: .If this is a one-shot game (i.e., it is played once), do the players have a dominant strategy? If s...
A: Introduction: Pareto efficiency, also known as Pareto optimality, is an economic situation in which ...
Q: Money is mvested at 10.5% nommal annual rate. Interested is compounded monthly. How much w 1500 depo...
A: Interest earned on a principal investment (or loan) is added back to the principal - in other words,...
Q: Consider the following Cobb-Douglas production function. Q=10 K1/2L1/2 a. Find the first, second, an...
A: The Cobb-Douglas production function shows the technological relationship between the amount of two ...
Q: The economy of Ashenvale is currently in a long-run equilibrium, depicted by point E, on the graph. ...
A: The given question is related to the aggregate demand-aggregate supply macroeconomics model.
Q: 2. Zhoran has a budget of $36 for fruit. Strawberries cost $4 per pound and grapes cost $3 per pound...
A: Consumer will maximise utility at a point where slope of an indifference curve is equal to the slope...
Q: Which of the following statements is FALSE? (A) high rates of unemployment often have a way of perpe...
A: Statement B is false. The availability of unemployment benefits reduces the worker's effort to find ...
Q: £/unit 100 90 SRMC 80 70 60 50 40 30 SRAC 20 10 MR D= AR 10 20 30 40 50 60 70 80 90 100 Units Figure...
A: Profit maximizing condition for a monopolistic firm:- ...
Q: explain in your own words how several of theories connect for kids living in severely disadvantaged ...
A: Concentrated disadvantaged groups are underprivileged sections of society who live in certain areas....
Q: In the simple Keynesian model, a $1bn decrease in net taxes (T) will lead to an increase in output o...
A:
Q: 5.9 Share elasticities In the Extensions to Chapter 4 we showed that most empirical work in demand t...
A: a. ∂sx∂I=∂(pxxI)∂I=px(-1I2x+I∂x∂I) The share elasticity is calculated by, ∂sx∂IIsx=px(-1I2x+1I∂x∂I...
Q: Refer to the given data in the table below. Assume that labor is the only variable input. Please cal...
A: Marginal product is the additional output produced by employing an additional unit of worker.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Discouraged workers are counted par of the labor force and are counted as unemployed. are counted as unemployed but are counted as out of the labor force. are counted as out of the labor force. are counted as unemployed.In which of the following cases will we observe unemployment? the quantity of labor demanded is greater than the quantity of labor supplied at the going wage rate. the wage is below the level that balances supply and demand for labor. there is a shortage of workers. the quantity of labor demanded is less than the quantity of labor supplied at the going wage rate.The following are types of unemployment except: Frictional Unemployment Seasonal Unemployment Cyclical Unemployment Structural Unemployment Supply-deficient unemployment
- This type of unemployment is due to workers finding jobs in specific time of the year only and then they become unemployed again. Structural unemployment Frictional unemployment Seasonal unemployment Cyclical unemploymentEquilibrium unemployment (natural rate of unemployment) is made up of cyclical unemployment cyclical and structural unemployment frictional and structural unemployment frictional unemploymentFrictional unemployment is the Frictional unemployment is the a) unemployment that results when people become disheartened about their chances of finding a job and so stop looking for work. b) portion of unemployment that is due to the normal working of the labour market. c) portion of unemployment that is due to changes in the structure of the economy that result in a significant loss of jobs in certain industries. d) unemployment that occurs during recessions.
- Which of the following is NOT a factor that influences unemployment: Regional location demand for products or services technological advances levels of renewable resources None of the aboveFull employment exists when, on average, nearly two out of three adults in the labor force are employed. exists when everyone has a job. exists when the unemployment rate is zero. exists when half of the labor force has a job. will always include some unemployment.Telephone operators who have lost their jobs as a result of computerized switchboards are an example of: Group of answer choices frictional unemployment. cyclical unemployment. structural unemployment. voluntary unemployment.
- At full employment there is no structural unemployment. unemployment. frictional unemployment. avoidable unemployment. cyclical unemployment.Unemployment associated with individuals voluntarily leaving their job can be labelled: (a) seasonal unemployment; (b) discouraged worker syndrome; (c) frictional unemployment; (d) structural unemployment.Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas will . The demand for labor among textile-producing firms in South Carolina, for which cotton is an input, will The temporary unemployment resulting from such sectoral shifts in the economy is best described as unemployment. Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal? Check all that apply. Extending the number of weeks for which unemployed workers are eligible for unemployment insurance benefits from the government Establishing government-run employment agencies to connect unemployed workers to job vacancies Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks